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6350 Bayshore Rd

4,242 SF Retail Building North Fort Myers, FL 33917 £1,098,174 (£259/SF) 5.10% Net Initial Yield

Investment Highlights

  • Visibility on Major Road
  • Lighted Pylon Sign
  • Single Tenant Building
  • Free Standing Building
  • Easy access to Cape Coral, Fort Myers & Babcock Ranch

Executive Summary

NOW FULLY LEASED WITH NNN TENANT - 3 YEAR TERM - Full interior and exterior remodel with a BRAND NEW Roof. The building at 6350 Bayshore Rd - North Fort Myers, FL 33917 is a great free-standing building with 4,242 sqft under air. The building was built in 1976 but completely remodeled with a limited development order permit in 2006-2007. In 2024 we did a full remodel of the interior, and exterior and a brand new roof so this building is in great shape. It has amazing visibility and is located on a heavily trafficked road in a great part of town. The property has fresh paint, new offices, new floor tiles, and hurricane shutters on all windows and doors. The property has a large private parking lot, a lighted pylon sign, and a side door for deliveries. Easy access to Fort Myers, Cape Coral, and Babcock Ranch. No damage was done by Hurricane Ian.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,242 SF
Building Class
C
Year Built/Renovated
1976/2023
Price
£1,098,174
Price Per SF
£259
Net Initial Yield
5.10%
NOI
£56,007
Tenancy
Single
Number of Floors
1
Slab to Slab
12 ft
Building FAR
0.18
Land Acres
0.53 AC
Zoning
C-1A - C1A
Parking
15 Spaces (3.54 Spaces per 1,000 SF Leased)

Amenities

  • Corner Lot
  • Freeway Visibility
  • Pylon Sign
  • Security System
  • Signage
  • Accent Lighting
  • Storage Space
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-43-25-00-00030.0010
Land Assessment
£146,158
Improvements Assessment
£235,124
Total Assessment
£398,725
  • Listing ID: 32233081

  • Date on Market: 24/06/2024

  • Last Updated:

  • Address: 6350 Bayshore Rd, North Fort Myers, FL 33917

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